Why Bill Ackman & Jamie Dimon may be wrong about tariff inflation

Why Bill Ackman & Jamie Dimon may be wrong about tariff inflation

Just like that, hope for the economy tied to the Trump administration's pro-business policies, such as tax codes, have gone up in smoke. In its place is an almost baseline scenario on Wall Street that the US economy will slip into a recession amid bruising new tariffs, while some sources we have talked to suggest the US economy is already in a mild recession and others have voiced concerns about a depression. Federal Reserve Chairman Jerome Powell has acknowledged the challenges the US economy may face this year as tariffs ripple through global supply chains. He also has hinted the Fed’s hands may be tied with respect to an economic slowdown response. Yahoo Finance Executive Editor Brian Sozzi sits down with veteran economist and Independent Institute senior fellow Judy Shelton to get her perspective on the state of the economy as it has been shocked by the Trump administration. Shelton is a long-time critic of Fed policy, and she weighs in on what Powell & co. may do next. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(251)

What makes wellness brands go from viral to billion-dollar

What makes wellness brands go from viral to billion-dollar

What does turning a wellness trend into a $1 billion brand take? Yahoo Finance Executive Editor Brian Sozzi gets the answer from SC Holdings co-founder Jason Stein in this episode of Opening Bid Unfil...

11 Aug 202526min

Where this billionaire is betting big next

Where this billionaire is betting big next

There is being a winner in one’s business career, and then there is Ted Leonsis — arguably one of the most successful business people of the past 20 years. The former top tech and AOL executive has pa...

4 Aug 202528min

Why the Trump economy hasn’t plunged into recession…yet

Why the Trump economy hasn’t plunged into recession…yet

Midway through 2025, the economy finds itself in a fascinating position. Despite considerable Trump tariff uncertainty and sticky inflation, the US economy continues to expand. The job market is stayi...

28 Jul 202524min

Why Nextdoor is having a founder-led re-founding moment

Why Nextdoor is having a founder-led re-founding moment

Digital turnarounds take time, and are not guaranteed in a world where Google (GOOGL, GOOG) is dropping AI summaries on the web, Meta's (META) Mark Zuckerberg is spending hundreds of millions of dolla...

21 Jul 202525min

Why Reebok’s founder is taking on the new footwear trade war

Why Reebok’s founder is taking on the new footwear trade war

Reebok co-founder Joe Foster and young entrepreneur Ben Weiss are looking to disrupt the status quo in the footwear industry by creating the Syntilay brand. The footwear brand began making AI-created ...

14 Jul 202526min

US debt surge: CEO of the world’s largest sovereign wealth fund weighs in

US debt surge: CEO of the world’s largest sovereign wealth fund weighs in

The Trump administration is still reportedly keen on starting a sovereign wealth fund. But details have been scant since initial news hit the public in early February. Even if a US sovereign wealth fu...

7 Jul 202523min

Inside the pre-July 4 stock market melt-up

Inside the pre-July 4 stock market melt-up

In case you missed it, summer is here, judging by the extreme heat gripping the United States. While many power players on Wall Street often use the summer months to hang out on their gas-guzzling yac...

30 Jun 202520min

Ochocinco lived at work, Diplo sells his catalog

Ochocinco lived at work, Diplo sells his catalog

Some celebrities are as savvy with their money as a typical Wall Street money manager. The only difference is that oftentimes these celebrities have more money than the money manager! Two examples of ...

23 Jun 202529min

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